Android Pay Coming… to Eat Apple’s Lunch?

Google may be unveiling a new mobile payments platform called Android Pay at its I/O developer conference in San Francisco. It should be well integrated with Google’s Android mobile operating system, and could very well beat Apple Pay in its features and functionality.

Google’s previous forray into mobile payments, Google Wallet, never really got off the ground as phone carriers worked to prevent it working with their phones, and because merchants were slow to sign up. However, with its purchase of Softcard, says Venture Beat, ” Google bought a way to get Android Pay onto phones, because the phone companies no longer had an incentive to block it. They were out of the mobile payments business.”